This Month In Real Estate: Matthews, NC (28105 Zip Code) - Sept 2018

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Real Estate Agent with Coldwell Banker Residential Brokerage

 

Matthews, North Carolina Housing Market Update + Video

September 2018

 

September 2018 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices continuing to increase and days on market increasing slightly. Market inventory remained tight and buyer demand continued to exceed supply. Closed sales were up slightly in September, primarily attributable to lower inventory and a decrease in new listings during the month.

 

 

 


 
 

Average sale price of Matthews homes increased  by 6.2% to just under $306,000 as compared with the same period one year ago. The median price of homes also increased by 5.8% versus September 2017 to $275,000.

 

Average days on market for property listings were 35 days, up two days versus September 2017. Median days on market were 9 days in September 2018, down one day versus one year ago. In other words, homes continue to sell quickly.

 

Average price per square foot increased by 8.9% to $135/square foot in September 2018 versus the same period in 2017. Pending sales were flat in September versus the same month last year. Closed sales were up 1.8%. Both the flat pending sales and small increase in closed sales can be attributed in great part to lack of inventory.

 

The median percent of original list price that sellers received for their homes was 98.4%, showing little negotiating room for homes in Matthews, North Carolina.

 

New listings decreased 8% versus August 2017. Matthews area's months supply of homes decreased 24% to just 1.9 months. Inventory of homes was down 17.4% year-over-year. The decrease in the supply of homes essentially potends continuing increases in home prices so long as demand for homes doesn't abate.

 

Clearly, it continues to be a seller's market in the 28105 zip code and a competitive environment for home buyers in Matthews, North Carolina.  

 

 

CHECK OUT 10 OF THE HOTTEST NEIGHBORHOODS IN THE MATTHEWS/MINT HILL AREA TO WATCH IN 2018

 

 

SEARCH ALL MATTHEWS, NC AREA HOMES FOR SALE

 

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PREVIOUS MATTHEWS, NORTH CAROLINA HOUSING MARKET UPDATES

 

Matthews Housing Market Update: Sepetember 2017

Matthews Housing Market Update: October 2017

Matthews Housing Market Update: November 2017

Matthews Housing Market Update: December 2017

Matthews Housing Market Update: January 2018

Matthews Housing Market Update: February 2018

Matthews Housing Market Update: March 2018

Matthews Housing Market Update: April 2018

Matthews Housing Market Update: May 2018

Matthews Housing Market Update: June 2018

Matthews Housing Market Update: July 2018

Matthews Housing Market Update: August 2018

 

  

 

This Charlotte, North Carolina real estate monthly update for Matthews, NC is brought to you by  Nina Hollander/Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts and Matthews specialists. We've been opening doors for Matthews home buyers and sellers for 20 years.

 

If you're considering selling or purchasing a home in Matthews or anywhere in the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you how:

"The Right Broker Makes All The Difference."

 

 

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 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2018 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Market Reports
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Tags:
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Rainmaker
3,935,197
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, Mathews is still increasing nicely, but your listings are definitely low!

Oct 03, 2018 12:50 PM #1
Rainmaker
2,818,941
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... and the problem with this scenario is that what were always thought of as affordable areas in Charlotte are increasingly becoming less affordable.

Oct 03, 2018 10:53 PM #2
Rainmaker
4,756,853
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Nina.  Thanks for keeping us informed about the real estate market in Matthews, NC.

Oct 04, 2018 04:54 AM #3
Ambassador
1,846,529
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Nice market report Nina Hollander on Matthews NC zip code 28015  Thank you for keeping us up to date

Oct 04, 2018 11:26 AM #4
Rainmaker
2,818,941
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gabe Sanders thanks, Gabe, as always, for popping by. Trust you have had a good week and are looking forward to a lovely weekend.

Oct 04, 2018 10:34 PM #5
Rainmaker
2,818,941
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hannah Williams thanks, Hannah. New picture, I see... was that for the October challenge? 

Oct 04, 2018 10:35 PM #6
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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